<ul data-eligibleForWebStory="true"><li>Amazon CEO Andy Jassy acknowledges that AI will reduce the company's workforce, emphasizing the shift to higher-value tasks.</li><li>Microsoft reportedly plans layoffs, indicating a broader trend in the industry.</li><li>Mark Zuckerberg aims to elevate Meta's AI capabilities through strategic acquisitions.</li><li>Google introduces Gemini 2.5 Flash-Lite, expanding its AI model lineup.</li><li>OpenAI secures a significant defense contract, demonstrating the interest in AI technology within government sectors.</li><li>Companies like Broadcom and Pure Storage pivot towards AI and data-focused solutions in response to evolving cloud services.</li><li>AWS unveils new cybersecurity features at the re:Inforce conference, prioritizing simplicity and efficiency.</li><li>Texas Instruments plans a $60 billion investment in U.S. fabs to boost domestic chip manufacturing.</li><li>Intel undergoes organizational changes, including both new executive appointments and layoffs.</li><li>Various AI startups secure substantial funding for innovative projects, ranging from healthcare to enterprise solutions.</li></ul>

Andy Jassy says AI will reduce Amazon’s workforce but at least he’s honest about it

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